Finland: House Prices, Rents, and Rental Yields
Country Rating » 
In Depth
- Overview
- Price History
- Rental Yields
- Taxes and Costs
- Tax on Rent (Example)
- Buying Guide
- Landlord and Tenant
- Inheritance
- Living There
- Useful Links
- Country Statistics
Directory
Global Statistics
Regional Statistics
- Sq. M. Prices
- Rental Yields
- Rents
- Price/Rent Ratio
- Buy/Sell Costs
- Rental Income Tax
- Capital Gains Tax
- Price Change 1 yr
- Price Change 5 yrs
- Price Change 10 yrs
- Landlord & Tenant Law
- GDP Per Capita
- GDP/Cap Growth 1 yr
- GDP/Cap Growth 5 yrs
- Economic Freedom
- Ec. Freedom 5 yrs
- Competitiveness
- Property Rights Index
- Currency +/- Value
- Taxes on Residents
Last Updated: Feb 13, 2006
Moderate yields in Helsinki
| Last Updated: Feb. 13, 2006 | |||||
| HELSINKI - Centre - Downtown | COST (€) | YIELD (p.a.) | PRICE/SQ.M. (€) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 30 sq. m. | 130,000 | 550 | 5.08% | 4,333 | 18.30 |
| 40 sq. m. | 160,000 | 630 | 4.73% | 4,000 | 15.80 |
| 50 sq. m. | 190,000 | 780 | 4.93% | 3,800 | 15.60 |
| 70 sq. m. | 240,000 | 900 | 4.50% | 3,429 | 12.90 |
| 100 sq. m. | 310,000 | 1,600 | 6.19% | 3,100 | 16.00 |
| HELSINKI - Tölöo, Espöö | |||||
| 30 sq. m. | 140,000 | 580 | 4.97% | 4,667 | 19.30 |
| 40 sq. m. | 180,000 | 690 | 4.60% | 4,500 | 17.30 |
| 50 sq. m. | 200,000 | 830 | 4.98% | 4,000 | 16.60 |
| 70 sq. m. | 250,000 | 1,100 | 5.28% | 3,571 | 15.70 |
| 100 sq. m. | 340,000 | 1,500 | 5.29% | 3,400 | 15.00 |
| 150 sq. m. | 490,000 | 1,900 | 4.65% | 3,267 | 12.70 |
| HELSINKI - Suburbs | |||||
| 30 sq. m. | 70,000 | 320 | 5.49% | 2,333 | 10.70 |
| 40 sq. m. | 90,000 | 400 | 5.33% | 2,250 | 10.00 |
| 50 sq. m. | 120,000 | 560 | 5.60% | 2,400 | 11.20 |
| 70 sq. m. | 170,000 | 700 | 4.94% | 2,429 | 10.00 |
| 150 sq. m. | 290,000 | 1,300 | 5.38% | 1,933 | 8.70 |
| Source: Global Property Guide | |||||
Yields for apartments and detached houses in Helsinki are moderate, at around 4.5% to 6.2%.
The private rental market is still relatively small and private rentals are distorted due to the large social housing sector (half the country’s 740,000 rental dwellings are owned by social housing institutions). Government subsidized rents are 25% lower than private rents in Helsinki, and 14% cheaper for Finland as a whole.
Post a comment
Subscribe to our Newsletter!
Enter your email address to sign up.
Your Comments
Be the first to comment!